None shares His glory, "He was..is,
shall be"..who this doth say
Accepts Mohammad as 'guide'
with heart and love's true sway;
None from amongst those lost their way
or ever went astray.
Bhitai has mentioned time (Past, present and future) here by saying that God was, is and will be present everywhere. Nobody shares his powers and glory. He then writes about the followers of Muhammad S.A.W. by saying that those people who make Muhammad S.A.W. as their guide never lost their way and fail in their lives.
Now the interesting thing to note here is the "way" or "destination" he is talking about. Similar to the first stanza, where counterpart of universe is unknown, here the unknown thing is the "way".