Derana Film Awards is an award bestowed to distinguished individuals involved with the Sri Lanka's silver screen, each year by the TV Derana, Sri Lanka in recognition of the contributions made by them to the Sri Lankan cinema industry and cinema achievements. The Derana Film Awards ceremony is one of the most popular cinema award events in Sri Lanka. The awards were first introduced in 2012 with Unilever Sri Lanka has been the main sponsors of this Film festival.

TV Derana is a Sri Lankan private entertainment terrestrial television channel broadcasting in Sri Lanka. Launched on 11 October 2005, it is one of the most popular television networks in the country. Its main transmission tower is on the Kikilimana mountain, and coverage is extended nationwide via eight transmission towers.