Bhairava Dweepam (transl. 'Bhairava's island') is a 1994 Indian Telugu-language high fantasy film directed by Singeetam Srinivasa Rao. Starring Nandamuri Balakrishna and Roja in lead roles, the film features Vijaya Rangaraja as the titular antagonist, Bhairava. The supporting cast includes K. R. Vijaya, Vijayakumar, Kaikala Satyanarayana, and Babu Mohan. The story follows Vijay, a young man raised by a tribal chieftain, who embarks on a mission to rescue Princess Padmavati from the evil wizard Bhairava.

Produced by B. Venkatrama Reddy under the Chandamama Vijaya Pictures banner, Bhairava Dweepam aimed to revive the folklore-fantasy genre in Telugu cinema. Raavi Kondala Rao co-wrote the script with director Srinivasa Rao and oversaw the film's production. Filming began in June 1993, with principal photography taking place at Vijaya Vauhini Studios and various challenging outdoor locations, including a waterfall in Kemmangundi. The production, which spanned 240 days with a budget of ₹4.5 crore, faced significant logistical challenges. Cinematography was handled by Kabir Lal, and the film predominantly relied on practical effects, supplemented by a limited use of visual graphics.

Released in April 1994, Bhairava Dweepam was a major commercial success, completing a 100-day theatrical run in 28 centres. It also achieved a 50-day run in 59 centres during its initial release, setting a record for a Telugu film at the time. The film received critical acclaim and won nine Nandi Awards, including Best Director for Singeetam Srinivasa Rao. It was dubbed into Tamil as Vijaya Prathapan and also into Hindi. The film is regarded as a landmark in Telugu fantasy cinema.