In plain words
Even Caṇḍa and Amarka, who inflicted these torments, grew weary, poor things. Whatever they did, they could not change Prahlāda. Who is God? Hiraṇyakaśipu. These Caṇḍa and Amarka keep telling him to say that Hiraṇyakaśipu is God. No, no, my God is Nārāyaṇa alone. When he said this, they came running to Hiraṇyakaśipu.
"As the night-prowlers stabbed him, the Daitya's son again and again, 'O Lord who lies on the serpent! O Breaker of the demons! O Lord of the world! O Refuge of those in great distress! O Purifier of all!' praised Him, but he shed no tears and did not tremble with fear, O King!"
Prahlāda was the one who showed forth this principle of sthitaprajña.
This principle lies in his very name. Pra, hlā, da means 'Prahlāda is the one who is full of delight'. That is, Prahlāda is the one full of Ānanda. Nityānanda, Brahmānanda, Yogānanda, Paramānanda, Advaitānanda, Saccidānanda: among Ānandas such as these, this Prahlāda is the very form of Ānanda in all. Prahlāda and Bali, these emperors, gave such Ānanda to the people, enjoyed it themselves and brought fine fame to the land of Kerala. The people of Kerala, who live in a place built by God Himself, build their towns there and spend their lives there, are very fortunate. This is the kṣetra Paraśurāma built. This is the kṣetra Bali Cakravarti ruled. This is the kṣetra where Prahlāda was born. This is the kṣetra from which Bali Cakravarti set out for Mokṣa. This is the kṣetra where Vāmana came down as Avatāra. Because it is a kṣetra filled with so many holy things, I end My discourse hoping, and blessing, that the hearts of its people too may be pure, divine and noble, and may rejoice.