Sarasayya is a 1971 Indian Malayalam-language film, directed by Thoppil Bhasi and produced by P. V. Sathyam. The film stars Sathyan, Madhu, Sheela and Jayabharathi. It is a sequel to the Malayalam film Ashwamedham (1967), and an adaptation of Thoppil Bhasi's play of the same name. It won the Kerala State Film Award for Best Film.