| Best Picture | Best Director |
- Jaguar — Bancom Audiovision
- *Durugin si Totoy Bato — FPJ Productions
- *Huwag, Bayaw — Seven Wonders Productions
- *Ina Ka ng Anak Mo — Premiere Productions
- *Ang Lihim ng Guadalupe — FPJ Productions
| Lino Brocka— Jaguar*Armando A. Herrera — Durugin si Totoy Bato*Manuel "Fyke" Cinco — Huwag, Bayaw*Pablo Santiago — Kasal-Kasalan, Bahay-Bahayan*Robert Arevalo — Sino'ng Pipigil sa Pagpakat ng Ulan |
| Best Actor | Best Actress |
| Fernando Poe Jr. — Durugin si Totoy Bato as Totoy Bato*Christopher De Leon — Ang Alamat ni Julian Makabayan as Julian Makabayan*Anthony Alonzo — Dakpin si Junior Bombay! as Junior Bombay*Ernie Garcia — Pagmamahal Mo Buhay Ko*Rudy Fernandez — Star | Nora Aunor — Ina Ka ng Anak Mo as Esther*Vilma Santos — Halik sa Paa, Halik sa Kamay as Christine*Beth Bautista — Huwag, Bayaw*Charito Solis — Ina, Kapatid, Anak as Emilia*Liza Lorena — Gabun |
| Best Supporting Actor | Best Supporting Actress |
| Leroy Salvador — Init*Johnny Delgado — Ang Alamat ni Julian Makabayan*Paquito Diaz — Durugin si Totoy Bato*Menggie Cobarrubias — Jaguar as Sonny Gaston*Vic Silayan — Star | Perla Bautista — Ang Alamat ni Julian Magabayan*Laurice Guillen — Init*Rebecca Gonzales — Kasal-Kasalan, Bahay-Bahayan*Rustica Carpio — Menor de Edad*Rita Gomez — Salawahan |
| Best Child Actor | Best Child Actress |
| Bentot Jr. — Ang Lihim ng Guadalupe*Niño Muhlach — Kuwatog*Rapp Rivera — Mahal Kong Taksil*Hero Bautista — Roberta*Bongchi Miraflor — Salawahan | Julie Vega — Durugin si Totoy Bato as Lucia*Crystal — Huwag, Bayaw |
| Best in Screenplay | Best Story |
| Eddie Romero & Fred Navarro — Durugin si Totoy Bato | Carlo J. Caparas — Durugin si Totoy Bato*Letecia Fariñas — Ina Ka ng Anak Mo |
| Best Sound | Best Musical Score |
| Rudy Baldovino — Ang Lihim ng Guadalupe | George Canseco — Huwag, Bayaw |
| Best Cinematography | Best Production Design |
| Ben Lobo — Ang Lihim ng Guadalupe | Napoleon Enriquez — Ang Lihim ng Guadalupe |
| Best Editing | Best Theme Song |
| Ben Barcelon — Durugin si Totoy Bato | George Canseco — Huwag Bayaw*Pablo Vergara — Mahal... Ginagabi Ka Na Naman |