Thirunakkara temple celebrates three festivals in the month of Thulam (Oct-Nov), Mithunam (June-July) and Meenam (March-April). The most important among these is the Phalguna Utsav. Also known as Arattu Utsav, it commence from the 1st day of the malayalam month Meenan and lasts for 10days. Kathakali is the main highlight, as there are all-night Kathakali performances by eminent artistes. Mayilattom (peacock dance) and vellomkali are other attractions. The festival draws to a close with the colourful Arat procession with nine caparisoned elephants.