Theatre: The Myth of Reality

Anandu Suresh of The Indian Express rated the film 3/5 stars, praising cinematography, editing, music, sound design, the cast performance of Rima Kallingal and Sarasa Balussery.

Anjana George of The Times of India rated the film 3/5 stars and wrote, "Is it the story of two women, or the story of how we look at women?

Princy Alexander of Onmanorama praised the cast performance, music, and praised for delving into the themes of social media influence, sexual exploitation, sexual revolution, and nudity "with a certain boldness." She wrote, "Overall, the film thoughtfully explores a range of themes, provoking reflection while maintaining a strong grip on the viewer’s attention."

Sreejith Mullapilly of The New Indian Express rated the film 1.5/5 stars and wrote that Theatre: The Myth of Reality fails to allow the audience to form an emotional connection with the main characters or confront its harsh truths, undermining its potential impact.