| 2 Jan 1987 | Janangalude Shradhakku | Beypore Mani | Nedumudi Venu, Nilambur Balan | |
| 3 Jan 1987 | Ezhuthapurangal | Johnson | Suhasini Mani Ratnam, Ambika | |
| 9 Jan 1987 | Amme Bhagavathi | M. S. Viswanathan | Shankar, Menaka | |
| 9 Jan 1987 | Neela Kurinji Poothappol | Jerry Amaldev | Karthika, Sreenivasan | |
| 16 Jan 1987 | Kathakku Pinnil | Ouseppachan | Mammootty, Devi Lalitha | |
| 16 Jan 1987 | Kurukkan Rajavayi | A. T. Ummer | Mukesh, Maniyanpilla Raju | |
| 23 Jan 1987 | Amrutham Gamaya | M. B. Sreenivasan | Mohanlal, Thilakan | |
| 23 Jan 1987 | January Oru Orma | Ouseppachan | Mohanlal, Karthika | |
| 24 Jan 1987 | Kottum Kuravayum | Raghu Kumar | Sukumari, Mammootty | |
| 7 Feb 1987 | Oru Sindoora Pottinte Ormaykku | Shyam | Mammootty, Urvashi | |
| 7 Feb 1987 | Swargam | Gopan | Jagathy Sreekumar, Mukesh | |
| 12 Feb 1987 | Ithrayum Kaalam | Shyam | Madhu, Mammootty | |
| 12 Feb 1987 | Sreedharante Onnam Thirumurivu | Shyam | Mammootty, Neena Kurup | |
| 12 Feb 1987 | Theertham | Bombay Ravi | Nedumudi Venu, Pallavi Joshi | |
| 12 Feb 1987 | Vilambaram | S. P. Venkatesh | Sukumari, Thilakan | |
| 18 Feb 1987 | Ivide Ellavarkkum Sukham | G. Devarajan | Mohanlal, Jagathy Sreekumar | |
| 18 Feb 1987 | Jaithra Yaathra | Shyam | Kakka Ravi, Shari | |
| 18 Feb 1987 | Yaagagni | A. T. Ummer | Suresh Gopi, Rohini | |
| 20 Feb 1987 | Aalippazhangal | Darsan Raman | Sukumari, Thilakan | |
| 2 Mar 1987 | Oru Minnaminunginte Nurunguvettam | Johnson | Nedumudi Venu, Sharada | |
| 10 Mar 1987 | Kaalathinte Sabhdam | S. P. Venkatesh | Ratheesh, Shari | |
| 13 Mar 1987 | Manja Manthrangal | Jerry Amaldev | Jayabharathi, Mukesh | |
| 17 Mar 1987 | Sruthi | Johnson | Mukesh, Thilakan | |
| 19 Mar 1987 | Penn Simham | Guna Singh | Ratheesh, Anuradha | |
| 20 Mar 1987 | Ithente Neethi | Johnson | Shankar, Jose | |
| 20 Mar 1987 | Neeyallengil Njan | | Jagathy Sreekumar, Sindhu | |
| 20 Mar 1987 | Neeyethra Dhanya | G. Devarajan | Karthika, Murali | |
| 20 Mar 1987 | Verukal Thedi | Sathyam | Madhavi, Vishnuvardhan | |
| 21 Mar 1987 | Thoranam | G. Devarajan | Nedumudi Venu, Yamuna | |
| 27 Mar 1987 | Dheeran | A. T. Ummer | Ratheesh, Unnimary | |
| 9 Apr 1987 | Kaala Rathri | A. T. Ummer | Jagathy Sreekumar, Sathaar | |
| 9 Apr 1987 | Nombarathi Poovu | M. G. Radhakrishnan | Madhavi, Sonia | |
| 9 Apr 1987 | Rithubhedam | Shyam | Balachandra Menon, Thilakan | |
| 10 Apr 1987 | Adimakal Udamakal | Shyam | Mohanlal, Mammootty | |
| 14 Apr 1987 | Kanikanum Neram | A. T. Ummer | Sunitha, Nedumudi Venu, Ratheesh, Vineeth | |
| 16 Apr 1987 | Idanazhiyil Oru Kaalocha | V. Dakshinamoorthy | Karthika, Vineeth | |
| 21 Apr 1987 | Sarvakalashala | M. G. Radhakrishnan | Mohanlal, Jagathi Sreekumar | |
| 2 May 1987 | Manasa Maine Varu | Shankar–Ganesh | K. B. Ganesh Kumarsaritha innocent | |
| 6 May 1987 | Nadodikkattu | Shyam | Mohanlal, Sreenivasan | |
| 8 May 1987 | Athinumappuram | Johnson | Mammootty, Jagathy Sreekumar | |
| 15 May 1987 | Irupatham Noottandu | Shyam | Mohanlal, Suresh Gopi | |
| 15 May 1987 | Itha Samayamayi | Shyam | Jagathy Sreekumar, Ratheesh | |
| 22 May 1987 | P.C. 369 | K. P. N. Pillai | Suresh Gopi, Mukesh | |
| 22 May 1987 | Vrutham | Shyam | Kamal Haasan, Geetha | |
| 29 May 1987 | Ajantha | Joy Anand | Shankar, Jagannatha Varma | |
| 29 May 1987 | Kaalam Maari Kadha Maari | | Mammootty, Shobhana | |
| 29 May 1987 | Oridathu | Hariprasad Chaurasia | Nedumudi Venu, Sreenivasan | |
| 5 Jun 1987 | Ponnu | Ouseppachan | Jagathy Sreekumar, Innocent | |
| 7 Jun 1987 | Jungle Boy | S. P. Venkatesh | Pattom Sadan, Irfan | |
| 8 Jun 1987 | Cheppu | Reghu Kumar | Mohanlal, Cochin Haneefa | |
| 11 Jun 1987 | Varshangal Poyathariyathe | Mohan Sithara | Sukumari, Innocent | |
| 19 Jun 1987 | Bhoomiyile Rajakkanmar | S. P. Venkatesh | Mohanlal, Adoor Bhasi | |
| 19 Jun 1987 | Vamban | A. T. Ummer | Ratheesh, Rohini | |
| 25 Jun 1987 | Kilippattu | M. B. Sreenivasan | Adoor Bhasi, Nedumudi Venu | |
| 4 Jul 1987 | Aids | | Prathapachandran, M. G. Soman | |
| 4 Jul 1987 | Four Plus Four | Guna Singh | | |
| 4 Jul 1987 | Unnikale Oru Kadha Parayam | Ouseppachan | Mohanlal, Thilakan | |
| 7 Jul 1987 | ankakkaLari | | | |
| 8 Jul 1987 | Aadyarathrikku Munbu | G. Devarajan | devan | |
| 12 Jul 1987 | Aattakatha | Raghu Kumar | Sukumari, Jagathy Sreekumar | |
| 12 Jul 1987 | Jaalakam | M. G. Radhakrishnan | Sukumari, Srividya | |
| 24 Jul 1987 | New Delhi | Shyam | Mammootty, Sumalatha | |
| 24 Jul 1987 | Nirabhedhangal | Shyam | Sunitha, Prathap Pothen, Sankaradi, Geetha | |
| 31 Jul 1987 | Thoovanathumbikal | Perumbavoor G. Raveendranath | Mohanlal, Sumalatha | |
| 4 Aug 1987 | Ivare Sookshikkuka | Guna Singh | Adoor Bhasi, Ratheesh | |
| 5 Aug 1987 | Uppu | Saratchandra Marathe | P. T. Kunju Muhammed, Jayalalita | |
| 6 Aug 1987 | Agni Muhurtham | S. P. Venkatesh | Urvashi, Ratheesh | |
| 14 Aug 1987 | Kaiyethum Doorathu | M. S. Viswanathan | Mohanlal, Nedumudi Venu | |
| 14 Aug 1987 | Thaniyavarthanam | M. G. Radhakrishnan | Mammootty, Saritha | |
| 21 Aug 1987 | Theekattu | Murali Sithara | Jagathy Sreekumar, Ratheesh | |
| 28 Aug 1987 | Naradhan Keralathil | M. K. Arjunan | Jagathy Sreekumar, Mukesh | |
| 28 Aug 1987 | Vaiki Odunna Vandi | Raveendran | Nalini | |
| 28 Aug 1987 | Vazhiyorakazchakal | S. P. Venkatesh | Mohanlal, Ratheesh | |
| 4 Sep 1987 | Aankiliyude Tharattu | Shyam | Mammootty, Revathi | |
| 4 Sep 1987 | Achuvettante Veedu | Vidyadharan | Nedumudi Venu, Rohini Hattangadi | |
| 4 Sep 1987 | Avalude Katha | A. T. Ummer | Sathaar, Anuradha | |
| 4 Sep 1987 | Manivathoorile Aayiram Sivarathrikal | M. B. Sreenivasan | Mammootty, Suhasini | |
| 4 Sep 1987 | Swathi Thirunal | M. B. Sreenivasan | Anant Nag, Srividya | |
| 4 Sep 1987 | Veendum Lisa | Raghu Kumar | Innocent, Babu Antony | |
| 6 Sep 1987 | Ee Nootandile Maha Rogam | | Captain Raju, Anuradha | |
| 1 Oct 1987 | Anantharam | M. B. Sreenivasan | Mammootty, Ashokan | |
| 2 Nov 1987 | Samarappanam | Vijay Anand | Shubha, Ambika | |
| 27 Nov 1987 | Naalkavala | Shyam | Mammootty, Shobhana | |
| 27 Nov 1987 | Oru Maymasa Pulariyil | Raveendran | Balachandra Menon, Murali | |
| 5 Dec 1987 | Ellaavarkkum Nanmakal | A. T. Ummer | innocent, soman | |
| 9 Dec 1987 | Chanthayil Choodi Vilkkunna Pennu | vidyadharan | Kuthiravattam Pappu, Mala Aravindan | |
| 25 Dec 1987 | Onnaam Maanam Poomaanam | Johnson | Venu Nagavally, Shankar | |
| 25 Dec 1987 | unknown | soman, Vani Viswanath | unknown | |
| Aadhyate Anubhavam | | | |
| Anga Kalari | | | |
| Criminals | | | |
| Ladies Tailor | | | |
| Mrugashaalayil | | | |
| Njanum Neeyum | | | |
| Pushpaka Vimanam | | | |
| Swaralayam | | | |