Pooram is the important festival here and it is conducted with great pomp and show. The week-long festival begins with Kodiyettam (flag hoisting) and concludes with Arattu. The temple isdedicated to goddess Durga.
Thirty days Mandala Utsavam in Malayalam month Vrischikam (November–December) and pooram in Malayalam month meenam (March–April) are the annual festival at the Lokanarkavu Bhagavathy Temple. This is the only temple where a peculiar folk dance called Poorakkali is presented during festivals. The dance, resembles the martial art Kalarippayattu. Even today, all Kalaripayattu artists seek the blessings of the deity before their debut due to the association of Lokanarkavu Temple with legendary hero thacholi othenan.
