pañca śloke - in five verses; kahila - described; śrī-nityānanda-tattva - the truth of Śrī Nityānanda; śloka-dvaye - in two verses; kahi - I describe; advaita-ācāryera - of Advaita Ācārya; mahattva - the glories.

In five verses I have described the principle of Lord Nityānanda. Then in the following two verses I describe the glories of Śrī Advaita Ācārya.