Filmibeat rated 3 out of 5 stars and stated "Varnyathil Aashanka is yet another film in the league of good entertainers, without any unwanted gimmicks. As mentioned above, the film has a humorous tone throughout and undoubtedly, is one of the decent satires of recent times". Baradwaj Rangan of Film Companion South wrote "Varnayathil Ashanka, then, is less about plot than about these characters, and events that are equally interconnected...this message is slyly delivered on a stage, and it’s the latest instance in Malayalam cinema of a scene you don’t see coming, and yet feels totally right. Even the film’s “looseness,” by the end, feels right, for this is really a shaggy-dog story. The pointlessness is the point."