The Great Festival (Maholsav) of the temple flags on the day  on which “Thiruvathira” in the month “dhanu” (Malayalam Era) occurs every year, which will be either in the last of December or in the first week of January.  “Thiruvathira” is the birth star of Lord Siva.  The duration of festival is Eight days and the holy dip of deity takes place on the Eighth day morning.  The village procession of deity on elephant back, daily special rituals and poojas, divine deity dance (Thidambu Nrutham), Pallivetta and other cultural activities, fireworks etc are the specialties of the festival.

The “Shivarathri” also is celebrated in the temple in its delightful festivity on Maha Shivaratri day annually.  Special will be conducted in the evening after day long "Agandanapajapam".  Also night long cultural activities will make the festival colourful.

After renovation, on 8th May 1992, 11 day long prathishttaa  Kalasam has done in Temple in the presence of Kattumadom Thantri.  The same of the every year will be celebrated as Prathishtta Day.

"Pooram" festival during March every year was  a ceremonial function related to "Madaikavu" Temple conducted time immemorial.  With the resurrection of "Vadukunda" Siva temple and its renaissance in 1992, the annual festival of this temple also began and added the richness of cultural heritage of the Hindu Society, centrazing "Madai Para" the mother land of worshippers