List of Malayalam films of 1987
The following is a list of Malayalam films released in the year 1987.
Dubbed films
| film | Direction | Story | Screenplay | Main actors |
| Aadhyate Anubhavam | Kashinath | |||
| Anga Kalari | Muralidharan | |||
| Ladies Tailor | Vamshi | |||
| Pushpaka Vimanam | Singitham Srinivasa Rao | |||
| Swaralayam | K. Viswanath | |||
| Criminals | ||||
| Njanum Neeyum | Hariharan | |||
| Mrugashaalayil | Rajan–Nagendra |