नमः कमलनाभाय नमस्ते जलशायिने ।
नमस्ते केशवानन्त वासुदेव नमोऽस्तुते ॥

Meaning:
Salutation to viShNu, the lotus-navelled who is resting in water. O keshava, O Ananta, O VAsudeva, salutations to you.

Word meanings:
नमः = bowing; salutation;
कमलनाभाय = to the one with the lotus stalk at the navel (Vishnu);
नमस्ते = greetings, salutations to you;
जलशायिने = to the one lying or sleeping in water (ocean);
नमस्ते = greetings, salutations to you;
केशवानन्त = Oh! Keshva, Oh! Ananta;
वासुदेव = the son of `vasudeva’, Krishna (or Vishnu);
नमोऽस्तुते = Salutations unto Thee;