An award given for best literary work in Malayalam instituted by Vayalar Ramavarma Memorial Trust from 1977. The award includes a prize money of Rs. 25,000/- and a citation. Winners of Vayalar Award from 1977 to 2015.
| Year | Awardees | Work(s) |
| 1977 | Lalithambika Antarjanam | Agnisakshi |
| 1978 | P.K. Balakrishnan | Ini Njan Urangatte |
| 1979 | Malayattoor Ramakrishnan | Yantram |
| 1980 | Thakazhi Sivasankara Pillai | Kayar |
| 1981 | Vyloppilli Sreedhara Menon | Makarakoithu |
| 1982 | O.N.V. Kurup | Uppu |
| 1983 | Vilasini | Avakashikal |
| 1984 | Sugathakumari | Ambalamani |
| 1985 | M.T. Vasudevan Nair | Randamoozham |
| 1986 | N.N. Kakkad | Sabhalameeyatra |
| 1987 | N. Krishnapillai | Prithipatram Bhashanabhetham |
| 1988 | Thirunelloor Karunakaran | Poem's of Thirunelloor Karunakaran |
| 1989 | Sukumar Azhikode | Thatvamasi |
| 1990 | C. Radhakrishnan | Munbe Parakunna Pakshikal |
| 1991 | O.V. Vijayan | Gurusagaram |
| 1992 | M.K. Sanu | Changampuzha: Nakshatrangalude Snehabhajanam |
| 1993 | Anand | Marubhoomikal Undakunnathu |
| 1994 | K. Surendran | Guru |
| 1995 | Thikodiyan | Arangukaanatha Nadan |
| 1996 | Perumbadavam Sreedharan | Oru Sankeerthanam Pole |
| 1997 | Madhavikutty | Neermathalam Poothakalam |
| 1998 | S. Guptan Nair | Sristiyum Srestavum |
| 1999 | Kovilan | Thattakam |
| 2000 | M.V. Devan | Devaspanthanam |
| 2001 | T. Padmanabhan | Puzhakadannu Marangalude Idayilekku |
| 2002 | K. Ayyappa Panicker | Works of Ayyappa Panicker 1990-'99 |
| 2003 | M. Mukundan | Kesavante Vilapangal |
| 2004 | Sara Joseph | Alahayude Penmakkal |
| 2005 | K. Sachidananthan | Sakhshayngal |
| 2006 | Sethu | Adayalangal |
| 2007 | Dr. M. Leelavathy | Appuvinte Anveshanam |
| 2008 | M.P. Veerendra Kumar | Hymathabhoovil |
| 2009 | Prof. M. Thomas Mathew | Marar: Lavanyanubhavathinte Yukhishilpam |
| 2010 | Vishnunarayanan Nampoothiri | Charulatha |
| 2011 | K.P Ramanunni | Jeevithanite Pusthakam |
| 2012 | Akitham Achuthan Nampoothiri | Anthimahakalam |
| 2013 | Prabhavarma | Syma Madhavam |
| 2014 | K. R. Meera | Arachar |
| 2015 | Subhash Chandran | Manushyanu Oru Amukham |
| 2016 | U. K. Kumaran | Thakshankunnu Swaroopam |
| 2017 | T. D. Ramakrishnan | Sugandhi Enna Andal Devanayaki |
