The 34th Filmfare Awards South Ceremony honouring the winners of the best of South Indian cinema in 1986 is an event held on 9 August 1987 was an event held at the Madras.^[1] The Chief guests of the function is the minister of Information Karnataka Mr. M. P. Prakash and Thikkurissy Sukumaran Nair. ^[2]

• Parvathamma Rajkumar (Best Film Kannada) Received Award from Shobana
• P. V. Gangadharan (Best Film Malayalam) Received Award from Gemini Ganesan
• P. Venkateswara Rao (Best Film Telugu) Received Award from S. P. Muthuraman
• M. Saravanan (Best Film Tamil) Received Award from K. Balachander
• K. V. Jayaram (Best Director Kannada) Received Award from Seema
• Hariharan (Best Director Malayalam) Received Award from Charuhasan
• S. P. Balasubrahmanyam Receives K. Viswanath Award (Best Director Telugu) from Revathi
• Mani Ratnam (Best Director Tamil) Received Award from Balu Mahendra
• Saritha (Best Actress Kannada) Received Award from Jaya Prada
• Shari (Best Actress Malayalam) Received Award from Raghuvaran
• Lakshmi (actress) (Best Actress Telugu) Received Award from Sheela
• Radhika (Best Actress Tamil) Received Award from Suhasini
• Raghavendra Rajkumar Receives Rajkumar Award (Best Actor Kannada) from Deepa
• Krishnam Raju (Best Actor Telugu) Received Award from Thikkurissy Sukumaran Nair
• Vijayakanth (Best Actor Tamil) Received Award from Sivakumar
• Thikkurissy Sukumaran Nair (For Outstanding Contribution to South Indian Films) Received Award from Thirunavukkarasu
• S. P. Balasubrahmanyam (For Outstanding Achievement as a Playback Singer) Received Award from M. P. Prakash

• Official Website