śrī-bhagavān uvāca - the Supreme Personality of Godhead said; tvam - you; naḥ - Our; guruḥ - spiritual master; pitṛvyaḥ - paternal uncle; ca - and; ślāghyaḥ - praiseworthy; bandhuḥ - friend; ca - and; nityadā - always; vayam - We; tu - on the other hand; rakṣyāḥ - to be protected; poṣyāḥ - to be maintained; ca - and; anukampyāḥ - to be shown compassion; prajāḥ - dependents; hi - indeed; vaḥ - your.

The Supreme Lord said: You are Our spiritual master, paternal uncle and praiseworthy friend, and We are like your sons, always dependent on your protection, sustenance and compassion.