| Best Picture | Best Director |
- Kumander Alibasbas — JE Productions
- *Bakit Bughaw ang Langit — Four Seasons Films International
- *Pakawalan Mo Ako — MVP Pictures
- *Salome — Bancom Audiovision
| Augusto Buenaventura — Kumander Alibasbas*Mario O'Hara — Bakit Bughaw ang Langit*Eddie Rodriguez — Init o Lamig*Elwood Perez — Pakawalan Mo Ako*Laurice Guillen — Salome |
| Best Actor | Best Actress |
| Joseph Estrada — Kumander Alibasbas as Cesario "Kumander Alibasbas" Manalang*Fernando Poe Jr. — Ang Maestro as Hernan de Zuñiga*Anthony Alonzo — Hulihin si Pepeng Magtanggol as Pepeng Magtanggol*Vic Silayan — Kisapmata as Tatong Dadong Carandang*Christopher de Leon — Pakawalan Mo Ako as Freddie*Rudy Fernandez — Pepeng Shotgun*Dolphy — Titser's Pet | Vilma Santos — Pakawalan Mo Ako as Anna*Nora Aunor — Bakit Bughaw ang Langit*Vivian Velez — Ang Babaing Hinugot sa Aking Tadyang*Alma Moreno — I Confess*Charo Santos-Concio — Kontrobersyal as Mers Madsen*Perla Bautista — Kumander Alibasbas*Gina Alajar — Salome |
| Best Supporting Actor | Best Supporting Actress |
| Tommy Abuel — Karma as Alfredo*Ting Jocson — Highschool Scandal*Jay Ilagan — Kisapmata as Noel Manalansan*Angelo Castro Jr. — Kumander Alibasbas*Romy Diaz — Ang Maestro as Ignacio Dela Vega*Lito Anzures — Pagbabalik ng Panday as Tata Temio*Anthony Castelo — Pakawalan Mo Ako | Chanda Romero — Karma as Cristy*Anita Linda — Bakit Bughaw ang Langit as Sofia*Odette Khan — Kahit Ako'y Lupa*Charito Solis — Kisapmata as Dely Carandang*Rosemarie Gil — Dear Heart*Deborah Sun — Pakawalan Mo Ako*Armida Siguion-Reyna — Salome |
| Best Child Actor | Best Child Actress |
| Mark Versoza — I Confess*Jerry Jones — Kahit Ako'y Lupa*Dranreb Belleza — Kapitan Kidlat*Bentot Jr. — Pagbabalik ng Panday as Lando*Bongchi Miraflor — Salome | Sheryl Cruz — Mga Basang Sisiw*Julie Vega — Mga Basang Sisiw*Andrea Bautista — Tropang Bulilit*Janice de Belen — Tropang Bulilit as Flor*Lea Salonga — Tropang Bulilit as Lisa |
| Best in Screenplay | Best Story |
| Haydee Castillo — Hiwalay | Baby Nebrida — Init o Lamig |
| Best Sound | Best Musical Score |
| Cesar Lucas — Pagbabalik ng Panday | Lutgardo Labad — Pakawalan Mo Ako |
| Best Cinematography | Best Editing |
| Ver Reyes — Pagbabalik ng Panday | Edgardo Vinarao — Init o Lamig |
| Best Theme Song | Production Design |
| Louie Ocampo — Pakawalan Mo Ako | Rolando Sacristia — Pagbabalik ng Panday |