The temple is dedicated to Goddess Bhagavathy, who is worshipped as a powerful and benevolent divine mother.

The temple is especially known for its Theyyam performances, which are central to its annual festivals and cultural significance.
Festivals
The Temple has a number of festivals. The important ones are :
Kaliyatta Maholsavam
The Kaliyatta Maholsavam at Mambalam Sree Bhagavathy Temple is celebrated in the Malayalam month of **Makaram** with great cultural and spiritual significance. The festival features vibrant Theyyam performances, traditional rituals, and community participation, honoring the presence of the goddess through sacred art and devotion.
Lakshadeepam Samarppanam
Lakshadeepam Samarppanam is a grand ritual where oil lamps are lit as an offering to Goddess Bhagavathy. This luminous celebration symbolizes the removal of darkness and the invocation of divine blessings, creating a spiritually charged and visually stunning atmosphere.
Contact Address: Mambalam Sree Bhagavathy Temple, Theru - Railway Station Rd, Mambalam, Payyanur, Kannur, Kerala 670307