- Son of the esteemed professor N.P. Pillai and his wife Saraswathi.
- Was honored with the Ramu Karyat Award and the Prem Nazir Award.
- Served as the first General Secretary of the Association of Malayalam Movie Artists (AMMA) from 1994 to 1997 and was a joint secretary from 2000 to 2006.
- Held a postgraduate degree in sociology from Agra University.
- Made his acting debut at the age of 40 in the film "Raagam" released in 1975.
- Acted in over 600 films.
- Before his acting career, he ran advertising agencies in Mumbai and Kolkata.
- Worked as a journalist for The Indian Express in Bombay.
- Grandson of literary scholar P. K. Narayana Pillai.
- Has a brother, Narayanan, and a sister, Radhamani.
- Served in the Indian Army for six months until he was discharged due to a hand injury.
- Nephew of dramatist T. N. Gopinathan Nair.
- Has a son, Raja Krishna Menon, a director in Bollywood, and a daughter, Devika.
- Since 2015, Madhavan was residing in Gandhibhavan, an old age home in Pathanapuram, following a stroke. In his later years, he suffered from memory loss.
- T. P. Madhavan was an Indian actor who worked in Malayalam films.
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