Chandramukhi is a masterclass in horror filmmaking, with a gripping plot, stellar performances, and production values that hold up even today. As a cult classic, the film continues to enthrall audiences, and its influence can be seen in many subsequent Tamil horror films.

The film's influence can be seen in many subsequent Tamil horror films, with directors and writers citing Chandramukhi as an inspiration. The movie's themes of reincarnation, revenge, and the supernatural have become a staple of Tamil horror cinema.

Chandramukhi was a critical and commercial success upon its release, grossing over ₹60 crores at the box office. However, its impact extends beyond its commercial success. The film has become a cult classic, with fans still quoting lines and referencing scenes from the movie.