भूतावासाय भूताय पराय परमात्मने ॥ ३९ ॥
namaḥ — obeisances; tubhyam — to You; bhagavate — the Supreme Personality of Godhead; puruṣāya — who are present within as the Supersoul; mahā-ātmane — who are all-pervasive; bhūta-āvāsāya — who are the shelter of the material elements (beginning with the ethereal sky); bhūtāya — who exist even prior to the creation; parāya — to the supreme cause; parama-ātmane — who are beyond all material cause.
We offer our obeisances unto You, the Supreme Personality of Godhead. Although present in the hearts of all living beings as the Supersoul, You are all-pervasive. Although the original shelter of all created material elements, You exist prior to their creation. And although the cause of everything, You are transcendental to all material cause and effect, being the Supreme Soul.
The beautiful Sanskrit poetry of this verse should be chanted out loud for the transcendental pleasure of the reciter and the hearer.